Analysis Of Ethereum And Leo Crypto In SPSS (June 4 - August 8, 2022)
Crypto price analysis is one important aspect of decision making for investors as this article will cover the price analysis features of ethereum and leo token. It is best be stored on the block chain for future reference.
This article compares the relationship between ethereum and leo to see if there has been an improvement from previous analysis.
What I am to cover in the course of this article?
Ethereum Price analysis with box plot view.
Leo price analysis with box plot view.
Minimum And Maximum prices of ethereum and leo for the duration.
Correlation analysis measure between ethereum and leo.
Conclusion
Other images
Ethereum Price analysis with box plot view
It can be seen that the price of ethereum rose above $1500 to aim at $2000 but the generally dip that occurred cut it off. But currently in the month of august the price of ethereum rose above $1500 again on a road path to $2000.
Detailed representation of the price can be seen in the “other images” section.
The box plot also can be seen below.
Leo price analysis with box plot view
Leo price analysis is been displayed in the image below. The price of leo made an attempt in the month of august to bull above $0.08.
The box plot of the price of leo token was is also presented below. It shows the price range of leo token for the above stated period.
Minimum And Maximum prices of ethereum and leo for the duration
The maximum and minimum prices of ethereum and leo token can be seen in the image below. However, the figures seen below is for the duration stated above.
Correlation analysis measure between Ethereum and Leo
An analysis of relationship between ethereum and leo was presented by me showing a high degree of correlation in price meaning as the price of ethereum and leo. However, the correlation of relationship was (r = 0.915).
But for the period of June 4 – August 8, the coefficient of correlation between ethereum and leo increased to (r = 0.933).
However a difference of 0.018.
This indicates that as ethereum price is in a bull, the price of leo will also be bullish and vice versa which will occur at same similar rate with a little difference in value.
Conclusion
There has been a significant increase in the correlation between ethereum and leo as presented in this article.
Other images includes
Data view mode
Variable view mode
Thanks for reading.
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